Which of the Following Types of Information Is Not Essential

question 64

Multiple Choice

Which of the following types of information is not essential for a manager to run a business effectively?

• A) Product or service costing information
• B) Data for planning and controlling of operations
• C) Special reports and analyses to support decisions
• D) Quote of the current price of the company's stock

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Definitions:

Military Elite

A group within the armed forces that holds considerable power, often characterized by higher status, skills, or strategic importance.

Business Elite

A term referring to those individuals occupying the top positions in economic enterprises or organizations, who have significant influence over decision-making processes and resource allocations in the business sector.

Symbolic Interactionism

A sociological perspective focusing on how individuals interpret and give meaning to social interactions, and how these interpretations form the social landscape.

Conflict Theory

A sociological perspective that views social life as a competition, and emphasizes the role of coercion and power in producing social order.